TurnOnGreen (PK) (USOTC:TOGI)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more TurnOnGreen (PK) Charts. Click Here for more TurnOnGreen (PK) Charts.](/p.php?pid=staticchart&s=NO%5ETOGI&p=8&t=15)
Tornado Gold International Corp. (OTCBB:TOGI) (The
Company) has contracted PRJ Geophysics to conduct an aeromagnetic
survey on the Company's NT Green property in Lander County, Nevada.
Dr. Earl W. Abbott reports:
PRJ Geophysics will conduct an aeromagnetic survey from an
ultra-light airplane platform. The survey will commence as soon as
schedules permit. The property is comprised of about 5,300 acres
located about 4 miles southwest of Placer Dome's recently discovered
Cortez Hills and Pediment deposits (over 10 million ounces of gold)
and about 8 miles south of Placer Dome's operating Pipeline group of
mines (over 15 million ounces of gold). Mineralized structures that
are along extensions of the Pipeline structures and are also parallel
to the Cortez Hills-Pediment structures are identified on the
property. Paleozoic sedimentary rocks are identified at the surface
on the property that include both those of the lower plate (Robert
Mountains Formation) and upper plate (Vinini Formation) of the
Roberts Mountains thrust as well as sediments of the younger
Paleozoic Overlap Sequence. Mineralization in the form of jasperoid
containing low levels of gold has been discovered in Paleozoic rocks
on the property. Igneous intrusive rocks are identified at the
surface of the property in the form of dikes and at depth by
geophysical means. Tertiary volcanic rocks overlie the Paleozoic
rocks in places.
"We believe that the NT Green property is very prospective for
the discovery of a large gold deposit," says Dr. Earl W. Abbott.
Exploration is scheduled to begin this fall on the remaining four
Nevada properties controlled by Tornado Gold, the nearly 5,000-acre
Jack Creek property in Elko County, the 640-acre HMD property along
the Northern Nevada Rift in Eureka county, Nevada, the 1,800-acre
Goodwin Hill property 30 miles south of Placer Dome's Cortez Hills
discovery in Lander County, and the 1,200-acre Wilson Peak property
10 miles northwest of the Jack Creek property (see news release dated
October 3rd, 2005).
About Tornado Gold International Corp.
Tornado Gold focuses on the discovery of giant gold deposits
(greater than 7M ounces). To that end we have chosen Nevada - one of
the most prospective places on earth to find and exploit giant gold
deposits. Our exceptional team of proven explorers utilizes unique,
cutting-edge technology which we believe helps us to quickly and
precisely target the areas on the earth where these giant deposits
may lie undiscovered. Tornado Gold is headed by an experienced
management team with decades of collective experience contributing to
discoveries of significant ore-bodies.
Forward-Looking Statements: This document contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. All forward-looking statements are inherently uncertain as
they are based on current expectations and assumptions concerning
future events or future performance of the Company. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the date
hereof. In evaluating such statements, prospective investors should
review carefully various risks and uncertainties identified in this
release and matters set forth in the Company's SEC filings. These
risks and uncertainties could cause the Company's actual results to
differ materially from those indicated in the forward-looking
statements.
Tornado Gold International Corp. (OTC Bulletin Board:TOGI)